£348,765
This estimated value is based upon the latest sale price for the house of £159,000 on 23 Dec 2003. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £159,000 | 23 Dec 2003 |
| Flats/Maisonettes |
| Leasehold |
This model uses changes in the Official Land Registry House Price Index for CITY OF NOTTINGHAM to estimate the market value.
When this house was purchased in December 2003 the House Price Index for CITY OF NOTTINGHAM was 68.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 119.349%.Applying this 119.349% change to the original purchase price of £159,000 results in an estimated price of approximately £348,765.
| 23 Dec 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 68.2 | 149.7 | 119.349 % | £159,000 | £189,765 | £348,765 |
The Postcode Pricing Model uses changes in average sales price within the NG7 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 72.274 % | £114,916 | £273,916 |
| 3 Month Average | 112.661 % | £179,131 | £338,131 |
| 6 Month Average | 88.807 % | £141,203 | £300,203 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2022 | £134,910 | £135,000 | FLAT 4 23 SECOND AVENUE |
| 10 Jun 2022 | £1,788,309 | £1,750,082 | HAZELMONT HOUSE, 11 GREGORY BOULEVARD |
| 13 May 2022 | £143,745 | £140,000 | FLAT 5 23 SECOND AVENUE |
| 13 Jan 2022 | £355,166 | £335,000 | 23 WIVERTON ROAD |
| 21 Sep 2021 | £217,114 | £200,000 | 2 FIRST AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near 1St Avenue |
| Jul 2024 | Theft from the person | Under investigation | On or near Parking Area |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Parking Area |
| May 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Parking Area |